JAKARTA (Yosefardi) – Shares of toll operator PT Citra Marga Nusaphala Persada Tbk (CMNP) surged 10% to Rp3,700 this morning with 4.12 million shares exchanged hands.
The stock has consistently gained since June this year. While state toll operator Jasa Marga (JSMR) was traded flat at Rp5,450.
JSMR booked net profit of Rp730.8 billion in first half of this year, fell 18% from Rp891.4 billion in the same period of last year.
CMNP meanwhile booked net profit of Rp201.65 billion in first half of 2013, inched down 5.2% from Rp212.19 billion in the same period of last year.
Jasa Marga allocates funds of Rp20 trillion for funding its toll road project in the future. It is now issuing bonds to raise Rp2.1 trillion funds.